Saudi Arabia rolls out first locally manufactured H-Class Gas Turbine
GE Vernova proudly announced the rollout of the first
H-class gas turbine unit completed at the GE Saudi Advanced Turbines (GESAT)
facility in Dammam on Monday.
The official ceremony, held at GESAT, was graced by the
presence of Prince Abdulaziz bin Salman, Saudi Arabia’s Minister of Energy.
During the event, GE Vernova also signed a memorandum of understanding (MoU)
with the Saudi Export-Import Bank (Exim) to facilitate the export of GE Vernova’s
goods and services from Saudi Arabia.
Attendees included Joseph Anis, President and CEO of GE
Vernova’s Gas Power business in Europe, the Middle East, and Africa, along with
other distinguished guests.
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GESAT, a joint venture between Dussur and GE Vernova, is a
premier gas turbine and component manufacturing facility. The first H-Class
unit completed locally is set to power the Jafurah Cogeneration Independent
Steam and Power Plant (ISPP). Once operational, this plant is expected to be
the most efficient power facility in Saudi Arabia. By 2030, the Jafurah gas
field aims to produce up to 630,000 barrels of natural gas liquids and
condensates and over 420 million standard cubic feet per day (MMSCFD) of
ethane.
The successful rollout of the locally completed gas turbine
at GESAT marks a significant milestone in Saudi Arabia’s energy sector,
contributing to the Kingdom’s economic diversification and local skills
development initiatives in alignment with Saudi Vision 2030. This achievement
underscores GE Vernova’s commitment to delivering cutting-edge technology
products to support both the Kingdom’s energy needs and its sustainability
goals.
Hisham Al Bahkali, President of GE Vernova in Saudi Arabia,
commented: “We are incredibly proud of GESAT’s accomplishments in driving
industrial localization within the Kingdom’s energy sector in support of Saudi
Vision 2030. GESAT strengthens ‘Made in Saudi’ capabilities and, since 2018,
has exported over 200 accessory modules for power plants generating more than
11 GW. GESAT is now further growing its ongoing success with the rollout of one
of the most advanced gas turbines, completed in Saudi Arabia.”
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Renowned for their high efficiency and performance, GE
Vernova’s H-class gas turbines offer one of the most cost-effective conversions
of natural gas to electricity in their class and support flexible power
generation needs across the Middle East.
Joseph Anis added: “GE Vernova has close to 90 years of
legacy in the Kingdom, reflecting our strong commitment to advancing the
country’s goals for energy security, economic diversification, and talent
development under Saudi Vision 2030. The rollout of the first HA unit completed
at GESAT is a testament to our efforts in further deepening power sector
capabilities in the Kingdom. The high efficiency and hydrogen readiness of our
H-class turbines can support the country’s energy transition, as the turbines
can rapidly ramp up or down to support grid stability as more intermittent
renewables are integrated into the energy system.”
To further support Saudi Arabia’s economic diversification
and export capabilities, GE Vernova signed an MoU with Saudi EXIM, aiming to
enable the export of GE Vernova’s goods and services from Saudi Arabia through
lending and insurance support from Saudi EXIM Bank. This agreement was signed
by H.E. Eng. Saad Alkhalb, CEO of Saudi Exim Bank, and Hisham Al Bahkali,
President of GE Vernova for Saudi Arabia.
GE Vernova, which spun off from GE and began trading as an
independent company on the New York Stock Exchange (NYSE) on April 2, 2024,
operates approximately 55,000 wind turbines and 7,000 gas turbines, helping
generate about 25% of the world’s electricity. The company plays a significant
role in the global energy transition.
Source: https://www.tradearabia.com/
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